Market Week

U.S. equities spent most of last week trending lower, ultimately rebounding in a major way last Friday to close the week higher.

The S&P 500 had it’s worst week since November, and the Global Dow was the only major market index that didn’t end up in the red.

Last week was defined by volatility as stocks whipsawed between deep, tech-led losses and a late-week rally.

Equities ended the week mostly lower as investors parsed through a heavy slate of fourth-quarter earnings data, economic reports, high valuations, and the Federal Reserve’s decision to maintain interest rates at their current levels.

Last week was marked by volatility as investors moved cautiously ahead of this week’s Federal Reserve meeting.

The U.S. stock market endured quite a bit of volatility last week.

The stock market was largely driven by mixed labor data and optimism over a possible interest rate cut following the Federal Reserve’s meeting next week.

The yield on 10-year Treasuries continued to slip as growing expectations of a rate cut help push bond prices higher, weighing on yields. Oversupply continued to drag crude oil prices lower.

Volatility continued to characterize the stock market last week.

Last week was marked by the re-opening of the U.S. government after a prolonged shutdown. However, despite a significant boost to the stock market at the beginning of the week, the positive momentum waned as the week progressed as investors were concerned about high valuation of AI stocks and uncertainty over Federal Reserve policy.